Dhan launches US stocks, ETFs investing via GIFT City routeThe offering is being provided through Raise IFSC Private Limited, Dhan's wholly-owned subsidiary and a member of India INX operating under...
Jane Street may take Singapore route to sort out India tax rowWith the Income Tax (I-T) department questioning the tax benefits it had claimed, the Wall Street firm is understood to be working on initi...
FCNR FD interest rates: SBI vs PNB vs HDFC Bank vs ICICI Bank - which gives you best rates; eligibility and taxation on interest explainedFCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...
GIFT City investment edge for NRIs: Tax benefits and global investment access with new insurance opportunityNRIs now have a new investment avenue through GIFT City. This international financial hub provides access to global markets and tax-efficie...
Supreme Court caps TDS on foreign remittances at 10%, says Income Tax Act cannot override DTAAThe Supreme Court ruled that tax deduction at source on remittances to non-resident entities cannot exceed 10% as per Double Tax Avoidance ...
No benefit of lower tax rate under DTAA for taxpayers with foreign income if Form 67 is not filed by this dateDouble tax: If you are claiming a tax relief under section 90 then you must submit a ITR and Form 67 by the due date. Similarly if you are ...
Budget 2013: Tax for NRIs receiving royalties/ fees from India to go upBudget 2013 saw a steep hike in the tax rate on royalties and fees for technical services that an Indian company pays to a NRI or a Foreign...
US residents with Indian pension: To file India tax returns or not?If your only income from India is pension and that pension is taxable only in the US as per the DTAA, you need not file tax returns in Indi...
- Foreign industry bodies seek more clarity on Finance Bill 2012
Ten overseas associations, including USIBC and USCC, in a letter to Finance Minister Pranab Mukherjee have sought further confirmation that...
- Mauritius hopeful of addressing DTAA issue with India
Mauritius PM said a "mutually satisfactory" solution can be found about the alleged misuse of its Double Taxation Avoidance Agreement (DTAA...
How DTAA provisions help NRIs avail reduced TDS rate on certain incomes in IndiaIf you are availing this lower rate, you would need to submit a tax residency certificate (issued by the country of your residence).
- Going abroad for work? Avoid paying double taxes
Most countries retain the right to tax an individual on his income for the employment exercised in a particular country.
- Going abroad for work? Avoid paying double taxes
Most countries retain the right to tax an individual on his income for the employment exercised in a particular country.
- India, Switzerland conclude talks to revise tax treaty
Access to information on Swiss bank a/cs is a big step towards tracing Indian money stashed away overseas. Tips to speed up ITR filing | Ga...
- Investing abroad? Check out treaty benefits
Recently, the Reserve Bank of India permitted resident individuals to remit up to $50,000 per financial year.
- Payments by local cos for foreign software in tax net
Periodic payments by local firms to overseas companies for the use of software will be subject to tax.
- Mauritius to finalise tax treaty by Dec
After tightening of tax residency certificate norms, Mauritius may put in place more such procedures by December to address India’s concern...